27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
Costco Wholesale Corporation (NASDAQ:COST) experienced unusual options trading activity on Wednesday.
Given operational efficiency, the company appears well positioned in an uncertain macro environment, according to William Blair.
The Costco Wholesale Analyst: Phillip Blee initiated coverage of Costco Wholesale with an Outperform rating.
The Costco Wholesale Thesis: The company is poised to gain market share, given its industry-leading value proposition, highly engaged and loyal member base, efficient operations, and “long runway for growth,” Blee said in the initiation note.
Check out other analyst stock ratings.
“Our proprietary survey suggests the average consumer ranks Costco first on best product price, quality, brand trust, and experience versus its peers,” the analyst wrote.
“Costco’s top growth drivers include the industry’s expanding market share, white space to open new warehouses, improving member productivity, and investments in omnichannel,” he added.
The company can sustain low double-digit earnings growth and there is potential for upside from “share repurchases, membership fee increases, and international maturation,” Blee further stated.
COST Price Action: Shares of Costco Wholesale had risen by 0.25% to $490.58 at the time of publishing Thursday.
27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
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